407 Cleveland StEnderlinND58027
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Enderlin at 407 Cleveland St, Enderlin, ND, 58027 listed at $174,900 pairs $1,585/mo rent with a $856/mo payment to leave $521/mo cash flow. Total monthly income runs $1,585/mo, and annual cash flow reaches $6,247/yr on $57,979 cash to close. Return on cash invested measures 30.68% in year one, and rental yield registers 10.87% at a $174,900 basis. Equity gained on principal adds $1,129/yr, and annual property appreciation at 5% supports $48,322 by year five. Five-year ROI tracks 160.5% and total cumulative return in cash totals $93,060. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,585/mo property income relative to a $856/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1956
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58027, Enderlin, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 643 (100%) |
| Owner Occupied HU | 419 (65.2%) |
| Renter Occupied HU | 149 (23.2%) |
| Vacant Housing Units | 75 (11.7%) |
| Median Home Value | $184,167 |
| Average Home Value | $224,314 |
Housing Distribution
Address Breakdown
Residential
596
Single Family
548
Multi-Family
48
Businesses
64
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Listed by: Geni M. Holben • eXp Realty
Mls Name: Great North MLS
Mls ID: #4019491